7,947 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Sheets Smith Wealth Management

Sheets Smith Wealth Management bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,947 shares of the technology company’s stock, valued at approximately $537,000.

Several other large investors also recently added to or reduced their stakes in SSNC. Havemeyer Place LP bought a new position in shares of SS&C Technologies during the 4th quarter valued at $26,000. EFG International AG bought a new stake in SS&C Technologies in the fourth quarter worth $29,000. V Square Quantitative Management LLC acquired a new position in SS&C Technologies during the fourth quarter worth $37,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies during the second quarter worth $40,000. Finally, Fifth Third Bancorp raised its holdings in SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after buying an additional 329 shares in the last quarter. 96.90% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the sale, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,740 shares of company stock worth $583,576 in the last ninety days. 16.00% of the stock is currently owned by insiders.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $65.42 on Monday. SS&C Technologies Holdings, Inc. has a 52 week low of $64.37 and a 52 week high of $91.07. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market capitalization of $15.76 billion, a PE ratio of 20.25 and a beta of 1.09. The business’s 50-day simple moving average is $68.16 and its 200-day simple moving average is $75.23.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current year.

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.27 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on SSNC shares. Needham & Company LLC decreased their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 24th. DA Davidson reissued a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a research note on Monday, April 27th. UBS Group boosted their target price on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Jefferies Financial Group decreased their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, SS&C Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $96.12.

About SS&C Technologies

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.